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Our programs
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Pre-Seed

Singapore Incubation Batch 6

August 2023 to December 2023
Singapore

Receive SGD70k initial investment to build your venture. Join the leading Singapore pre-seed incubator for exceptional founders and scalable ideas across all areas of FinTech and InsurTech.

Come build your venture with Tenity the leading incubator dedicated to exceptional founders creating the future of finance. If you are passionate and motivated entrepreneur, who has the drive and ambition to make your startup a success, we at Tenity will help you get there faster!

During this intensive pre-seed incubation program, you will go from a prototype/MVP stage to market-ready stage, while receiving hands-on support by the Tenity startup coaches, dedicated mentors, access to investors and our leading corporate partners.

We invest SGD 70K in the startups selected for the program, in exchange for an equity stake of 2.5% and program participation fee of SGD 15K. In addition, we may invest in your subsequent financing rounds according to the Tenity Deal.

The decision on the follow-on investment is separate from the initial investment and will be evaluated case-by-case. If applicable, we might invest in your following financing round approx. SGD 350K.

New deadline: May 21, 2023.

What
4-month program with intensive masterclass weeks, coaching, and mentoring
When
Applications are open until the 14th of May. The program starts in late August 2023 and runs through December 2023
Where
Singapore

Benefits

SGD70k pre-seed investment

Receive SGD 70k initial investment in exchange for a 2,5% equity stake and a program participation fee of SGD15k. In addition, we may invest in following rounds.

Laser-focus on Fintech & insurtech

We live and breathe Fintech and Insurtech and know what it takes to succeed. We've worked with more than 300 early-stage startups in this space.

Access our investor network

Our program gets you investment ready and in front of our global investor network.

More than 200 world-class mentors

Over the past seven years, we've built a specialized network of over 200 mentors and experts that are happy to support exciting ventures and ambitious founders.

Some of our success stories

Singapore
Funding

betterdata announces $1.65Million in funding

betterdata announces funding round of $1.65Million. Congratulations!

Zurich
Funding

Keyrock raises USD72M Series B

Switzerland Acceleration alumni Keyrock raises USD72M Series B from Ripple, MiddleGame Ventures and SIX Fintech Ventures

Zurich
Funding

Vestr secures CHF 10mn in financing

The Swiss fintech startup and Tenity Alumni, vestr, just announced they secured CHF 10mn in financing led by Elevator Ventures!

Focus topics

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What we'll cover

Find out what we will cover in our masterclasses.

Pillar 1

Make invaluable connections

Through a wide range of formats, we enable connections with our ecosystem and our corporate partners to explore potential PoCs.
Pillar 2

Investment Team Support

Our investment team is here to support and coach you in getting investment-ready and accompanies you in your journey to fundraise.
Pillar 3

Expert Sessions & Mentoring

The program includes expert sessions from problem/solution-fit to go-to-market strategy, fundraising & structure, and more. Your 1:1 mentors and mentor network
Pillar 4

Branding & Credibility

Be featured in media through our program reveals, gain visibility at events and make a splash at Demo Day.

Requirements

Focused on the financial industry

You are a Fintech, Insurtech, or a RegTech, DeepTech, Web3, Sustainable Finance, LegalTech, or Crypto Finance startup with a solution or use case for the finance or insurance sector.

Early-stage

You are pre-revenue, are in ideation stage, have a prototype or MVP. You do not need to be incorporated before the start of the program.

A founding team

Building a startup is hard and we believe that no person can do it by themselves. While you may apply as a solo-founder, you would need to find a cofounder before the program starts, as we do accept teams and not solo founders.

The startups

Ambrela.Money

2023
Singapore

Ambrela is a Savings & Wealthtech Platform for Middle-Class India. Our goal is to empower next 200 Million Indians Plan & Invest their money better.

Pints.ai

2023
Singapore

Neuron is a purpose-built for the financial industry, and is a fully customisable AI. Leverage the base model and train it with your data. We get you from zero to AI hero in days, not years.

Pin'J

2023
Singapore

Indonesia's first closed-loop working capital financing facility tapping into the underserved gig economy market.

Meet
the team

Finnley Lee

Finnley Lee

Hub Manager Singapore
Jonas Thürig

Jonas Thürig

Managing Partner & CMO

Meet
your partners

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Have questions?

Reach out to our team

Katrina Bernardo

Katrina Bernardo

Investment Associate

FAQ

Am I a perfect fit?

Sector: You are FinTech, InsurTech, RegTech,LegalTech startup or adjacent with use cases for financial industry

Geography: Early-stage investing is local. We are looking for companies from:

CH: DACH, Europe and UK

NOR: Europe and UK

SNG: Singapore and southeast Asia

Team: At least 2 co-founding members (working minimum 80% on the startup) and ideally complementary, who have worked together before.

Maturity: Pre-revenue. You are in ideation stage, have a prototype or MVP .You do not need to be incorporated before the start of the program.

Fundraising: You are pre-seed and plan to raise a funding round within the next 6 to 12 months at a valuation anywhere between CHF2M and, but not more than, CHF4M.

What is the application and selection process?

Step 1: Fill in the application form – it will take only 2-3 minutes – once submitted, you will receive an email confirmation.

Step 2: A few days after the deadline, the teams will be invited to an online info session where you’ll learn more about the program, our terms, next steps and you’ll have the opportunity to ask your questions.

Step 3: The top teams will be invited for our Speed Dating events in one of our hubs, after which we’ll select the final teams that will enter the program.

What are the conditions of the program?

We have a standard deal for all companies joining one of our flagship incubation programs

We invest CHF 50’000 /SGD 70’000 in the startups selected for the program, in exchange for a small equity stake of 2,5% and a program participation fee of CHF 10’000 / SGD 15’000.

The program participation fee is due after receiving the above investment.

In addition, we may invest in a following round.

Do we need to be incorporated and which countries do you accept applications from?

You don’t have to be incorporated when you apply. But you have to incorporate within 30 days from signing the contracts.

For the Zurich program we mainly look for startups coming from the DACH,Western Europe and UK. If you are incorporated in any other country, you can still apply, but you may need to reincorporate in one of the before-mentioned countries to be accepted into the program.

For the Singapore program: we mainly focus on startups coming from Singapore and South-east Asia. For startups coming from other countries in the region, for example Indonesia, Philippines, Vietnam, Taiwan, Thailand, Hong Kong, we are happy to receive your application, but please be prepared to reincorporate in one of primarily mentioned countries in order to be accepted into the program.

For the Nordics & Baltics program we mainly look for startups coming from Western Europe and UK.  If you are incorporated in any other country, you can still apply, but you may need to reincorporate in one of the before-mentioned countries to be accepted into the program.

For questions regarding the locations please contact the scouting team directly at scouting@tenity.com

Do you accept solo founders and who needs to participate in the program?

We don’t accept solo founders, but teams who have minimum 2 cofounders 100% committed on the startup.

The time commitment for the program is 4 weeks in total (1 week per month, for the duration of each masterclass week). At least 2 co-founders must be present during that time.

All co-founders must have astake in the company and represented on the cap table.

My startup is not fintech, can I still apply?

We are looking for  Fintech, Insurtech, or RegTech, DeepTech, Web3, Sustainable Finance, LegalTech, CryptoFinance startups or startups with a solution or a use case for the finance or insurance sector. So even if you don't strictly fall into the Fintech category, if any of the above applies to you, we are happy to see your application!